BlackRock XRP ETF Speculation Rises Amidst Strong Canary XRPC Launch

The recent debut of the Canary XRPC ETF has intensified speculation about a potential BlackRock XRP ETF. This launch showcased significant institutional and retail demand, with over $58 million in first-day trading volume and $245 million in net inflows.

Key Developments

  • Canary XRPC ETF's successful launch is fueling rumors of a BlackRock XRP ETF.
  • XRP community believes BlackRock might be testing an XRP trust.
  • Ripple's CEO emphasized collaboration with traditional financial firms to boost digital asset adoption.
  • Investors argue that major firms like BlackRock may soon enter the XRP space.

XRP's Growth Insights

  • Crypto trader Adam_Xrp noted that the launch of XRP ETFs will gradually attract institutional money as confidence grows.
  • Several XRP ETFs are scheduled for future trading, increasing exposure and demand.
  • BlackRock stated no immediate plans for an XRP ETF, but it remains a possibility.
  • The growth phase involves building liquidity and institutional frameworks rather than overnight gains.

XRP